Forecast: Primary Energy Supply in Angola

Based on the data provided, the year-on-year variations for 2022 and 2023 were 6.07% and 4.47%, respectively. The average annual variation over the last five years (CAGR) was 0.55%. Looking ahead, the forecasted data shows a 5-year CAGR of 1.36%, indicating moderate growth with a cumulative increase of 6.99% by 2028.

As Angola's energy supply is projected to reach 17.3 million tonnes of oil equivalent by 2028, several factors could influence future trends. These include investments in renewable energy, changes in oil production levels, and government energy policies. Monitoring these trends will be crucial for stakeholders to adapt to the evolving energy landscape.

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